ZANESVILLE, Ohio, March 2, 2015 /PRNewswire/ -- AXION
International Holdings, Inc. (OTCQB: AXIH), a leader in recycled
polymer technologies used to produce ECOTRAX® composite rail
ties/sleepers and STRUXURE® composite building products is pleased
to announce today that it has received an $801,000 order from Superior Energy Resources,
LLC, a leading distributor in the Marcellus and Utica shale regions, for STRUXURE® laminated
mats, AXION's new product line extension within the STRUXURE®
construction mat product group. The mats are being produced at
AXION's Zanesville facility on new
equipment, and they will be installed on natural gas upstream
projects across Ohio, Pennsylvania, and West Virginia in the next few months.
"We have worked to provide high-value, long-lasting engineered
products for our customers," explained AXION's Dave Crane, EVP for Building Products. "In
partnering with Superior Energy Resources, we have developed
several composite matting solutions for oil and gas drilling
projects that offer greater durability than alternatives, will not
absorb liquids, and are easy to transport and install. Our
expanding group of STRUXURE® construction mats are made from
recycled plastic and can be recycled again at the end of their
useful life."
Laminated, or layered, construction mats are used primarily in
oil and gas upstream projects to support active heavy equipment,
and large stationary items such as water tanks, as well as to build
access roads to the drill pads. Superior Energy's interest in
AXION's composite mats is to expand its current product portfolio
for various applications on shale gas projects that it manages
today. Superior Energy's COO Stan
Foster noted that "STRUXURE® laminated mats represent the
next generation of composite matting for the customers that we
serve, and it was an easy choice to partner with AXION, a company
that engineers solutions based on needs in the field."
Superior Energy Resources is an integrated business that
services Marcellus and Utica
natural gas shale development through site construction,
fabrication production, water management, equipment rental, site
services, and waste removal. Serving energy companies across
the northeast region has been the key to Superior's growth and
success. Adding AXION's composite mats to an existing
line of rig mats, water tanks, hoses, fittings, steel fabrication,
and containment liners is a natural extension to an already
successful value proposition. Superior is expecting
growth from its existing customers, has significant new customer
acquisition plans, and views AXION as a key partner to a profitable
future.
"AXION is forecasting significant growth in demand for our
STRUXURE® construction mats. Our recent manufacturing
capacity and fabrication enhancements are ready to meet increasing
demand for our engineered products," stated AXION's Dave Crane.
About AXION International Holdings, Inc.
AXION (OTCQB: AXIH) creates innovative structural polymer
solutions, engineering sustainable products and systems that
provide improved long-term value, consistent performance, and
reduced maintenance costs. AXION develops superior polymer
solutions for the infrastructure, transportation, and energy
industries. Visit www.AXIH.com.
About STRUXURE® Construction Mats
Made with recycled plastics, AXION's composite matting solutions
are non-corrosive, impervious to moisture, resistant to abrasion
and tread wear, do not absorb or release any liquids or chemicals,
and are ideal in wet and harsh-temperature environments. Consisting
of heavy and laminated mat product lines, STRUXURE® mats are an
engineered, long-term matting solution for industrial, energy, and
civil construction projects. Click here to learn more.
About Superior Energy Resources, LLC
Superior Energy Resources, LLC is a family business located in
Brockway, Pennsylvania, that
supports and services the shale gas industry. Offering backyard
services at the drill rig, rig mats, hoses and fittings, access
mats, steel fabrication, containment, and more. You're in our
backyard. Why aren't we in yours? 814-265-1080 or
sales@superiorenergyresourcesllc.com.
Forward-Looking Statements
This release contains "forward-looking statements" for purposes
of the Securities and Exchange Commission's "safe harbor"
provisions under the Private Securities Litigation Reform Act of
1995 and Rule 3b-6 under the Securities Exchange Act of 1934. These
forward-looking statements are subject to various risks and
uncertainties that could cause AXION's actual results to differ
materially from those currently anticipated, including the
availability of materials at favorable pricing, sufficient
manufacturing capability and the risk factors identified in AXION's
filings with the Securities and Exchange Commission.
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SOURCE AXION International Holdings, Inc.